If enacted, legislation on corporate board diversity would require the SEC to work on strategies to increase gender, racial, and ethnic diversity on corporate boards.
Boards & Shareholders
Posted inBoards & Shareholders
SEC’s Clayton pushes modernization at UPenn speech
Touting the SEC’s recent accomplishments, Chairman Jay Clayton maintains modernization helps advance the regulator’s “tripartite mission” and gives some hints about next year’s agenda.
Posted inBoards & Shareholders
ISS unveils 2020 policy updates
Proxy advisory firm Institutional Shareholder Services has released updates to its 2020 benchmark proxy voting policies. The updated policies will generally be applied for shareholder meetings on or after Feb. 1, 2020.
Posted inBoards & Shareholders
SEC champions proposals to amend outdated proxy solicitation rules
SEC Chair Jay Clayton and Commissioner Elad Roisman, among others, convened a roundtable to explore proposals to proxy voting rules calling for consistent regulation across the markets and better disclosure of conflicts to clients.
Posted inBoards & Shareholders
Survey: Board governance issues expanding amid volatility
The role board directors of public companies play in providing oversight and governance around business strategy, investments, and policies—and their focus on emerging issues—has reached new heights, according to the findings of BDO’s 2019 board survey.
Posted inBoards & Shareholders
Argo launches review into ‘decrepit’ governance woes
Argo Group International Holdings recently announced the launch of a review into governance and executive compensation matters following an SEC subpoena and harsh criticism from an activist investor group.
Posted inBoards & Shareholders
AT&T might be the next Wells Fargo (and doesn’t seem to be doing anything about it)
A federal securities lawsuit against AT&T and multiple executives of the company mirrors many of the same troubling ethics and compliance failures that plagued Wells Fargo. Inside, we take a deep dive into the allegations.
Posted inBoards & Shareholders
Walt Disney Company CFO joins P&G board
Procter & Gamble at its 2019 Annual Meeting of Shareholders elected Christine McCarthy, currently chief financial officer of The Walt Disney Company, to its board of directors, effective immediately.
Posted inBoards & Shareholders
Study: Shareholder support down for board nominees
The number of board nominees who failed to receive majority shareholder support in the first six months of 2019 reached a five-year high, according to the latest ProxyPulse report.
Posted inBoards & Shareholders
SEC modernizes rules on exchange-traded funds
Despite an effective date about a year out, regulated entities still need to make some decisions now about policies and procedures if they are relying on a new regulation applying to exchange-traded funds.
